NewEnergyNews: BIPARTISAN ENERGY/CLIMATE BILL EMERGING/

NewEnergyNews

Gleanings from the web and the world, condensed for convenience, illustrated for enlightenment, arranged for impact...

The challenge now: To make every day Earth Day.

YESTERDAY

THINGS-TO-THINK-ABOUT WEDNESDAY, August 23:

  • TTTA Wednesday-ORIGINAL REPORTING: The IRA And The New Energy Boom
  • TTTA Wednesday-ORIGINAL REPORTING: The IRA And the EV Revolution
  • THE DAY BEFORE

  • Weekend Video: Coming Ocean Current Collapse Could Up Climate Crisis
  • Weekend Video: Impacts Of The Atlantic Meridional Overturning Current Collapse
  • Weekend Video: More Facts On The AMOC
  • THE DAY BEFORE THE DAY BEFORE

    WEEKEND VIDEOS, July 15-16:

  • Weekend Video: The Truth About China And The Climate Crisis
  • Weekend Video: Florida Insurance At The Climate Crisis Storm’s Eye
  • Weekend Video: The 9-1-1 On Rooftop Solar
  • THE DAY BEFORE THAT

    WEEKEND VIDEOS, July 8-9:

  • Weekend Video: Bill Nye Science Guy On The Climate Crisis
  • Weekend Video: The Changes Causing The Crisis
  • Weekend Video: A “Massive Global Solar Boom” Now
  • THE LAST DAY UP HERE

    WEEKEND VIDEOS, July 1-2:

  • The Global New Energy Boom Accelerates
  • Ukraine Faces The Climate Crisis While Fighting To Survive
  • Texas Heat And Politics Of Denial
  • --------------------------

    --------------------------

    Founding Editor Herman K. Trabish

    --------------------------

    --------------------------

    WEEKEND VIDEOS, June 17-18

  • Fixing The Power System
  • The Energy Storage Solution
  • New Energy Equity With Community Solar
  • Weekend Video: The Way Wind Can Help Win Wars
  • Weekend Video: New Support For Hydropower
  • Some details about NewEnergyNews and the man behind the curtain: Herman K. Trabish, Agua Dulce, CA., Doctor with my hands, Writer with my head, Student of New Energy and Human Experience with my heart

    email: herman@NewEnergyNews.net

    -------------------

    -------------------

      A tip of the NewEnergyNews cap to Phillip Garcia for crucial assistance in the design implementation of this site. Thanks, Phillip.

    -------------------

    Pay a visit to the HARRY BOYKOFF page at Basketball Reference, sponsored by NewEnergyNews and Oil In Their Blood.

  • ---------------
  • WEEKEND VIDEOS, August 24-26:
  • Happy One-Year Birthday, Inflation Reduction Act
  • The Virtual Power Plant Boom, Part 1
  • The Virtual Power Plant Boom, Part 2

    Friday, March 19, 2010

    BIPARTISAN ENERGY/CLIMATE BILL EMERGING

    Deal nearing on Senate climate bill: lawmaker
    Richard Cowan and Timothy Gardner (w/Mohammad Zargham), March 18, 2010 (Reuters)

    "The Senate is close to wrapping up talks ahead of introducing a compromise climate change bill…Senator John Kerry told reporters [he expects to finish in about a week] after [presenting an 8-page outline of a proposed bill to] a coalition that represents automakers, forestry and paper companies, Big Oil, steel, mining, electricity and others .

    "Kerry is working with Republican Senator Lindsey Graham and independent Senator Joseph Lieberman on a bill to require U.S. industry to cut emissions of carbon dioxide and other greenhouse gases associated with global warming…[Kerry said] there was still work to be done [to build support]…The measure will not take the exact approach of [now stalled] legislation approved by the House of Representatives in June, and by the Senate Environment and Public Works Committee in November. This would set an economy-wide "cap and trade" direction to reducing carbon pollution…"


    click to enlarge

    "Under cap and trade, companies would face limits on the amount of carbon pollution Washington would let them emit. Those limits would become stricter over the next 40 years, when supporters want an 80 percent reduction from 2005 levels. Also, required pollution permits could be sold on a regulated market…The three senators also talked about pollution reductions of 17 percent by 2020 below 2005 levels, a goal President Barack Obama has embraced.

    "The Chamber of Commerce, which says it represents more than 3 million U.S. businesses of all sizes, is staunchly opposed to U.S. Environmental Protection Agency regulation of carbon dioxide…The three senators said…the bill would pre-empt the EPA from regulating the gases…The EPA is ready to issue final regulations as early as March 31 for automobile carbon emissions. That would clear the way for expanding regulations to smokestack emissions, although the agency prefers Congress tackles that problem."


    click to enlarge

    "Instead of an economy-wide cap and trade, the three senators are aiming to impose the market system initially on power companies, which contribute about 40 percent of carbon emissions…Power plants would face emissions limits starting in 2012 while big manufacturers and energy-intensive industry would not face limits until 2016…

    "The bill would also include a hard price collar that would keep carbon prices between $10 and $30 a ton. Any polluter emitting below 25,000 tons a year would not be regulated…[T]he senators discussed a fee on fuels linked to the market price of carbon…[that] would be visible to consumers at petroleum pumps and on airline tickets…A tax at the oil refinery level that would not be as visible to consumers has also been discussed by the senators…[T]he Congressional Budget Office will analyze the [bill’s] potential costs to the federal government and the economy. EPA also is expected to conduct a six- to eight-week analysis…[The bill] could be… on the Senate floor…in June."

    1 Comments:

    At 7:48 AM, Anonymous Hazel Henderson said...

    Senator Kerry is moving in the right direction. Cap and trade was just a bureaucratic nightmare , as well as a giveaway to Wall Street . We at Ethical Markets hope Kerry and Boxer join up with Sens. Cantwell and Collins on their " cap and dividend " approach to passing on the emission taxes to US consumers and citizens .

     

    Post a Comment

    << Home